Overview of the Global Market for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Market Size for Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

The global market for bearing housings not incorporating ball or roller bearings, plain shaft bearings shrank modestly to $X in 2022, with a decrease of X% against the previous year. Overall, the total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. Over the period under review, the global market attained the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

In value terms, bearing housing without ball bearing production contracted to $X in 2022 estimated in export price. In general, the total production indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, global production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Exports

In 2022, shipments abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by X% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, total exports indicated a noticeable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the global exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, bearing housing without ball bearing exports rose markedly to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. The global exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

China represented the main exporter of bearing housings not incorporating ball or roller bearings, plain shaft bearings in the world, with the volume of exports resulting at X tons, which was approx. X% of total exports in 2022. Germany (X tons) held an X% share (based on physical terms) of total exports, which put it in second place, followed by Japan (X%). The following exporters - Turkey (X tons), the United States (X tons), France (X tons), Mexico (X tons), Sweden (X tons), Italy (X tons), Taiwan (Chinese) (X tons), Spain (X tons), South Korea (X tons) and the Netherlands (X tons) - together made up X% of total exports.

China was also the fastest-growing in terms of the bearing housings not incorporating ball or roller bearings, plain shaft bearings exports, with a CAGR of X% from 2012 to 2022. At the same time, the Netherlands (X%), Turkey (X%), Spain (X%), Italy (X%), South Korea (X%), France (X%) and Mexico (X%) displayed positive paces of growth. Germany experienced a relatively flat trend pattern. By contrast, Japan (X%), Sweden (X%), Taiwan (Chinese) (X%) and the United States (X%) illustrated a downward trend over the same period. China (X p.p.) and Turkey (X p.p.) significantly strengthened its position in terms of the global exports, while Taiwan (Chinese), Sweden, Japan, Germany and the United States saw its share reduced by X%, X%, X%, X% and X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest bearing housing without ball bearing supplying countries worldwide were Germany ($X), the United States ($X) and China ($X), together accounting for X% of global exports. Japan, France, the Netherlands, Mexico, Italy, Sweden, South Korea, Spain, Taiwan (Chinese) and Turkey lagged somewhat behind, together accounting for a further X%.

In terms of the main exporting countries, the Netherlands, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for bearing housings not incorporating ball or roller bearings, plain shaft bearings amounted to $X per ton, declining by X% against the previous year. In general, the export price showed a slight slump. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (X%), while the other global leaders experienced more modest paces of growth.

Imports of Bearing Housings Not Incorporating Ball Or Roller Bearings, Plain Shaft Bearings

Imports

In 2022, purchases abroad of bearing housings not incorporating ball or roller bearings, plain shaft bearings increased by X% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, global imports reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, bearing housing without ball bearing imports rose rapidly to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by X%. Over the period under review, global imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Mexico (X tons), the United States (X tons) and Germany (X tons) represented roughly X% of total imports in 2022. The following importers - Italy (X tons), France (X tons), Japan (X tons), the UK (X tons), South Korea (X tons), Canada (X tons), China (X tons), Poland (X tons), Hungary (X tons) and Sweden (X tons) - together made up X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other global leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and Mexico ($X) were the countries with the highest levels of imports in 2022, together accounting for X% of global imports. China, Canada, the UK, France, Italy, Poland, Japan, Hungary, South Korea and Sweden lagged somewhat behind, together comprising a further X%.

In terms of the main importing countries, Poland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for bearing housings not incorporating ball or roller bearings, plain shaft bearings stood at $X per ton in 2022, waning by X% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% against the previous year. Global import price peaked at $X per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was China ($X per ton), while Mexico ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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